ARKANSAS, Nov 15 (Future Headlines)- Chevron (CVX.N) announced on Tuesday that the natural gas flows through the East Mediterranean Gas (EMG) pipeline, transporting gas from Israel to Egypt, have resumed after a month-long halt. Chevron Mediterranean Limited (CML) confirmed the resumption of the gas flow on November 14, 2023. The exports via EMG were halted on October 10, three days after the conflict between Israel and Hamas militants in Gaza began.
The EMG pipeline spans 90 kilometers, running from the southern Israeli town of Ashkelon (located approximately 10 km north of Gaza) to El-Arish in Egypt, where it connects to an onshore pipeline. This pipeline serves as a crucial link between the Chevron-operated Leviathan offshore gas field and Egypt. The Leviathan consortium, which includes Chevron as the operator, along with Israel’s NewMed Energy (NWMDp.TA) and Ratio Energies (RATIp.TA), contributes to the natural gas supply.
Additionally, Chevron announced on Monday that it had resumed the supply of natural gas from the offshore Tamar field, a month after being instructed by Israel to halt operations due to the violence in the region. The Tamar field, like Leviathan, plays a significant role in contributing to the natural gas supply.
These developments indicate a resumption of critical energy infrastructure operations in the region, facilitating the flow of natural gas from Israeli fields to Egypt.
Editing by Sarah White